121 W Kidder St Vermillion, SD 57069
Estimated payment $4,599/month
Highlights
- 0.6 Acre Lot
- Level Lot
- 5-minute walk to Vermillion Parks & Recreation
- Forced Air Heating and Cooling System
About This Home
Great investment opportunity on commercial building in downtown Vermillion. 2 long term tenants rent this property. Seller is installing new flooring in USDA portion of the building in May. Roof was replaced in 2022. Listing agent has leases. Income and expense reports attached. Owner pays for utilities, cleaning ($400 monthly) snow, garbage, rugs. USDA lease expires 5-31-2028 and CCA lease expires 2-28-2026.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,022
Year Built
- Built in 1995
Lot Details
- 0.6 Acre Lot
- Level Lot
Parking
- Driveway
Home Design
- 10,800 Sq Ft Home
Utilities
- Forced Air Heating and Cooling System
- Internet Available
Community Details
- 2 Units
- Gross Income $7,000
Listing and Financial Details
- Assessor Parcel Number 155300290017000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,021 | $384,263 | $57,816 | $326,447 |
| 2024 | $8,021 | $348,157 | $57,816 | $290,341 |
| 2023 | $7,807 | $297,439 | $50,424 | $247,015 |
| 2022 | $6,803 | $292,687 | $45,672 | $247,015 |
| 2021 | $6,132 | $267,327 | $43,560 | $223,767 |
| 2020 | $6,112 | $267,327 | $43,560 | $223,767 |
| 2019 | $6,351 | $267,327 | $43,560 | $223,767 |
| 2018 | $6,330 | $266,007 | $42,240 | $223,767 |
| 2017 | $6,612 | $266,007 | $42,240 | $223,767 |
| 2016 | -- | $264,687 | $40,920 | $223,767 |
| 2015 | -- | $264,687 | $40,920 | $223,767 |
| 2011 | -- | $260,727 | $36,960 | $223,767 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $750,000 | +63.0% | $69 / Sq Ft | |
| 04/01/2021 04/01/21 | Sold | $460,000 | -7.8% | $85 / Sq Ft | View Prior Sale |
| 02/17/2021 02/17/21 | Pending | -- | -- | -- | |
| 09/17/2020 09/17/20 | For Sale | $499,000 | -- | $92 / Sq Ft |
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 828571
APN: 15530-02900-170-00
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